Posts tagged 'Dollar'

BRICS of Gold A Road to De-Dollarization

BRICS of Gold: A Road to De-Dollarization | BRICS Overview

July 6, 2023
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BRICS leaders are meeting to continue their work on a gold-backed currency. Read now to learn how experts predict this will effect the dollar and its value.
Fed Unable to Protect from Debt Limit Default

Fed Unable to Protect from Debt Limit Default | Op Ed.

May 5, 2023
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Debt limit default looms over Congress as the end of the debt suspension approaches.
Argentina Uses Yuan to Pay for Chinese Imports

Argentina Uses Yuan to Pay for Chinese Imports

April 27, 2023
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In an effort to reduce its reliance on the dollar, Argentina commits to paying for Chinese imports using Yuan.
Asian Countries Propose Plan to Accelerate De-Dollarization

Asian IMF 2.0 Proposed to Accelerate De-Dollarization

April 25, 2023
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Asian countries have proposed a plan to revive the Asian Monetary Fund, signaling the world is heading towards global de-dollarization.
Records Set for Gold and Silver

Records Set for Gold and Silver

April 21, 2023
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Since last week, gold and silver have fallen a fraction as the dollar has strengthened.
Citi Says Silver is Best Asset if Dollar Falls

Citi Says Silver is Best Asset if Dollar Falls

April 19, 2023
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Citi Group predicts trouble for the Dollar and continued gains for silver. Silver is a great asset for long-term protection in any investor's portfolio.
Egypt Central Bank Committed to Moving Away from Dollar

Egypt Central Bank Committed to Moving Away from Dollar

October 26, 2022
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At the IMF conference, Egyptian Central Bank Governor, Hassan Abdalla, stated Egypt would develop a currency indicator to distance itself from U.S. Dollar.
Is a Bank Run Imminent?

Is a Bank Run Imminent?

October 13, 2022
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History has shown that the slightest doubt can provoke a bank run. When it happens at one bank, there tend to be fear-based runs on other banks.
The Repo Market and 2.4 Trillion Reasons Why the Fed Won’t Pivot

The Repo Market and 2.4 Trillion Reasons Why the Fed Won’t Pivot

October 11, 2022
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The repo market is how the Fed manages the amount of cash in the system using short-term loans of assets or cash from a bank to a bank or business.
How Did the U.S. Dollar Become a Fiat Currency?

How Did the U.S. Dollar Become a Fiat Currency?

September 27, 2022
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A fiat currency’s value depends on people's confidence in the issuing authority and its usefulness. If people stop using the Dollar, it will lose all value.